Global Herbal Supplements Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Form;

Capsules & tablets, Powder, Syrups, and Oils.

By Sources;

Leaves, Barks, Fruits & vegetables, and Roots.

By Function;

Medicinal and Aroma.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn115710997 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Herbal Supplements Market (USD Million), 2021 - 2031

In the year 2024, the Global Herbal Supplements Market was valued at USD 47,822.93 million. The size of this market is expected to increase to USD 66,399.55 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.8%.

The global herbal supplements market has experienced significant growth over the past few decades, driven by a rising consumer interest in natural and holistic health solutions. Herbal supplements, derived from plant-based sources, are increasingly preferred for their perceived health benefits and lower side effects compared to synthetic alternatives. Factors such as increasing awareness of preventive healthcare, a growing aging population, and the rising prevalence of chronic diseases have further fueled the demand for herbal supplements.

The market is characterized by a diverse range of products, including vitamins, minerals, and botanical supplements. North America and Europe have traditionally been the largest markets, thanks to high consumer awareness and well-established regulatory frameworks. However, emerging economies in Asia-Pacific and Latin America are rapidly catching up, driven by increasing disposable incomes, urbanization, and growing awareness of health and wellness trends.

Innovation and product development are key drivers of growth in the herbal supplements market. Companies are continuously investing in research and development to introduce new and effective products. The rise of e-commerce has also made these supplements more accessible to a global audience. Despite the positive outlook, the market faces challenges such as regulatory hurdles, quality control issues, and the need for scientific validation of health claims. Nonetheless, the future of the herbal supplements market appears promising, with continued growth expected in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Form
    2. Market Snapshot, By Sources
    3. Market Snapshot, By Function
    4. Market Snapshot, By Region
  4. Global Herbal Supplements Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing consumer awareness
        2. Increasing preference for natural products
        3. Aging population
        4. Rise in chronic diseases
      2. Restraints
        1. Regulatory challenges
        2. Quality control issues
        3. Limited scientific validation
      3. Opportunities
        1. Innovations in product formulations
        2. E-commerce growth
        3. Personalized nutrition
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Herbal Supplements Market, By Form, 2021 - 2031 (USD Million)
      1. Capsules & tablets
      2. Powder
      3. Syrups
      4. Oils
    2. Global Herbal Supplements Market, By Sources, 2021 - 2031 (USD Million)
      1. Leaves
      2. Barks
      3. Fruits & vegetables
      4. Roots
    3. Global Herbal Supplements Market, By Function, 2021 - 2031 (USD Million)
      1. Medicinal
      2. Aroma
    4. Global Herbal Supplements Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Archer Daniels Midland Company
      2. Glanbia PLC
      3. Herbalife International of America, Inc.
      4. Blackmores Limited
      5. Nutraceutical International Corporation
      6. Nbty, Inc.
      7. Arizona Natural Products
      8. Ricola AG
      9. Naturalife Asia Co., Ltd.
      10. Bio-Botanica Inc.
  7. Analyst Views
  8. Future Outlook of the Market